Theory Of Consumer Choice And Frontiers Of Microeconomics
Theory Of Consumer Choice And Frontiers Of Microeconomics
Scenario: You have been asked to assist your organization’s marketing department to better understand how consumers make economic decisions.
Develop a 15- to 20-slide Microsoft® PowerPoint® presentation and PRESENT THIS TO THE CLASS in a minimum 10 minute presentation. Include the following:
The impact the theory of consumer choice has on:
Demand curves
Higher wages
Higher interest rates
The role asymmetric information has in many economic transactions.
The Condorcet Paradox and Arrow’s Impossibility Theorem in the political economy.
People are not rational in behavior economics.
Cite a minimum of three peer-reviewed sources not including your textbook.
Include detailed speaker notes for each slide, except for the introduction and references slides
Answer preview to Theory Of Consumer Choice And Frontiers Of Microeconomics
17 slides